Fed Chair Transition in May 2026 Adds Uncertainty as Rate Cut Outlook Dims on Fiscal Stimulus
Jerome Powell's Fed term expires May 2026 amid rising uncertainty over monetary policy direction. RSM now projects just two rate cuts for 2026, down from earlier expectations, as potential $100 billion fiscal injection from tax cuts threatens to reignite inflation. Corporate earnings from Danske Bank, BAE Systems, and Glencore show resilience despite policy headwinds dampening growth forecasts.
ViaNews Editorial Team (Markets)•